60 sq yard House for Auction in Vpo Jassian, Ludhiana – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

60 sq yard (≈ 540 sq ft)

Reserve price / sq ft

₹2,278

Locality

Vpo Jassian

City

Ludhiana

State

Punjab

Pincode

141001

Address

VPO Jassian, Ludhiana, Punjab, 141001 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

LUDHIANA; BHARAT NAGAR CHOWK-50182

Auction type

SARFAESI Auction

Borrower

Preeti

Auction start

30 Sep 2026, 11:00 AM

Auction end

30 Sep 2026, 05:00 PM

EMD submission deadline

29 Sep 2026, 05:00 PM

Inspection

28 Sep 2026, 10:00 AM – 28 Sep 2026, 04:00 PM

Authorised officer

SANJEEV PURI

Officer contact

8872127193

E-auction portal

BAANKNET (Property ID SBIN367291380490)

Price Check

This listing's reserve price works out to ₹2,278 per sq ft. The average across residential bank auctions in Ludhiana on our site is ₹3,132 per sq ft, so this one is 27% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 28 Sep 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN367291380490)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.